Markets Promote Real Equality Much More Than Progressive (and Conservative) Critics Claim
A standard criticism of free markets is that markets promote inequality. It is time to debunk that false claim.
Intermediate
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The Pigouvian Tax Is a Myth
Standard neoclassical economics texts claim a Pigouvian tax will lead to the "optimal" price and production of a good. But "optimality" is a myth.
Back to the Future: Progressives Imagine the Good Old Days of Price Controls
Inflation is raging and progressives want action. What kind of action? They want to return to the 1970s regime of price controls.
The Return of the Anguish of Central Banking: Why the Fed and Inflation Go Hand in Hand
The buzz in Washington is that the Fed is "fighting inflation." But this is like an arsonist fighting the fire he started.
Is Google’s LaMDA Woke? Its Software Engineers Sure Are
One of Google's latest projects has been the development of LaMDA (Language Model for Dialogue Applications), an artificially intelligent chatbot generator. Alas, Google has created another "woke" monster.
From the Eccles Building to Vegas: The Fed Enables the Worst Ponzi Schemes
Peter Schiff once joked that Obama should have appointed Bernie Madoff secretary of the Treasury. The government's easy money policies ultimately lead to Ponzi schemes.
Independence for Chagossians? Time to End Colonialist Policies
The Mauritius government still denies Chagossians independence, continuing colonial policies.
In Defense of Defaulting on the National Debt
Conventional wisdom says a country should manage its debts, but what if debt has become uncontrollable?
The Curious Case of Ilya Shapiro
The Beltway is no place for loyalty.
The Great Crash of 2022
Anyone who doubts whether we are in a recession can stop doubting. The Fed's reverse repos show that we're headed for a crash.
